Nichols, N.Y., Code of Ordinances ch. 106 (eCode360 ed. 2026) § 106-4
Discrimination in financing of housing prohibited
Operative Text
It shall be unlawful within the Town of Nichols for any bank, building and loan association, insurance company, or other corporation, association, firm or enterprise whose business consists in whole or in part in the making of commercial real estate loans to deny a loan or other financial assistance to a person applying therefor for the purpose of purchasing, constructing, improving, repairing, or maintaining a dwelling, or rate, duration, or other terms or conditions of such loan or other financial assistance because of the race, color, religion, sex, handicap, familial status, or national origin of such person or of any person associated with him in connection with such loan or other financial assistance, or the purposes of such loan or other financial assistance, or of the present or prospective owners, lessees, tenants, or occupants of the dwelling or dwellings in relation to which such loan or other financial assistance is to be made or given; provided that nothing contained in this section shall impair the scope or effectiveness of the exception contained in § 106-6 .
Section 106-4 of the Nichols, N.Y., Code of Ordinances Chapter 106 prohibits lenders — including banks, building and loan associations, insurance companies, and similar financial enterprises — from denying or altering the terms of a real estate loan based on a borrower's race, color, religion, sex, handicap, familial status, or national origin. The prohibition also extends to discrimination based on the characteristics of people associated with the loan or the current and prospective occupants of the dwelling involved. This rule applies to any loan made for the purpose of purchasing, constructing, improving, repairing, or maintaining a home within the Town of Nichols.
Plain English — not legal advice.
Property owners and managers in the Town of Nichols who work with lenders or facilitate financing for tenants or buyers should be aware that § 106-4 bars financial institutions from varying loan terms or denying credit on the basis of protected characteristics tied to the property or its occupants. Compliant operators generally avoid steering applicants toward particular lenders and refrain from providing information to lenders that could be used to discriminate against prospective buyers or tenants. Familiarity with this provision helps ensure that financing arrangements connected to a property do not inadvertently implicate unlawful discriminatory practices.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Under § 106-4 of the Nichols Code of Ordinances Chapter 106, tenants and prospective occupants have a recognized interest in ensuring that lenders do not use their protected characteristics — such as race, religion, or familial status — as a basis for denying or modifying financing related to a dwelling they occupy or seek to occupy. If a person believes a lender has violated this provision, general enforcement paths may include filing a complaint with a local or state fair housing agency, contacting a tenant-rights or fair housing organization for guidance, or exploring remedies available under applicable state and federal law. Consulting a tenant-rights organization familiar with Nichols and New York State fair lending rules can help clarify what options may be available.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 10, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
Effective Timeline
References In
Rules and statutes that cite this regulation